🪙Proposed Rule Change for Sprott Physical Copper Trust Trading
The SEC has announced a proposed rule change allowing NYSE Arca to list and trade shares of the Sprott Physical Copper Trust. This trust aims to invest primarily in physical copper, providing investors with a regulated investment option in the copper market. The initiative will enhance trading opportunities and may influence copper prices in broader markets.
Learn More🏗️Request for Public Comments on Copper Imports and National Security
The Secretary of Commerce has initiated an investigation to determine the effects on U.S. national security of imports of copper in all forms, including, but not limited to, raw mined copper; copper concentrates; refined copper; copper alloys; scrap copper; and derivative products. This investigation has been initiated under section 232 of the Trade Expansion Act of 1962, as amended. Interested parties are invited to submit written comments, data, analyses, or other information pertinent to the investigation to the Department of Commerce's Bureau of Industry and Security. This notice identifies issues on which the Department is especially interested in obtaining the public's views.
Learn More🥇Executive Order on Copper Imports and National Security Concerns
Executive Order 14220 focuses on the significance of copper to U.S. national security and economic strength. It outlines vulnerabilities in the copper supply chain reliant on foreign sources and mandates an investigation to assess the national security impact of copper imports. The order aims to ensure a reliable domestic supply chain and outlines steps to enhance production capabilities.
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